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re: Official CryptoTalk Thread

Posted on 4/7/23 at 12:09 pm to
Posted by WG_Dawg
Hoover
Member since Jun 2004
86501 posts
Posted on 4/7/23 at 12:09 pm to
quote:

Bitcoin is a dinosaur and if you want to make legit gains you'd be stupid to put a penny in it


what is your basis for this?
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10405 posts
Posted on 4/7/23 at 12:39 pm to
I believe he means Bitcoin has diminishing returns vs other cryptocurrencies. His basis is everyone already bought. It's adoption and holders will grow, but slower than every other cryptocurrency.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 4/7/23 at 1:02 pm to
quote:

It's adoption and holders will grow, but slower than every other cryptocurrency.


the vast majority of crypto projects are destined to crash and burn and head to zero, there’s something to be said about Bitcoin being less of a speculative asset than the other crypto alternatives as well.

I don’t dislike Ethereum but I think it’s downright bad advice to tell people who want a crypto portfolio to stay away from Bitcoin. It has proven to be one of the few constants in the space.
This post was edited on 4/7/23 at 1:09 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10405 posts
Posted on 4/7/23 at 1:41 pm to
quote:

the vast majority of crypto projects are destined to crash and burn and head to zero, there’s something to be said about Bitcoin being less of a speculative asset than the other crypto alternatives as well.

I don’t dislike Ethereum but I think it’s downright bad advice to tell people who want a crypto portfolio to stay away from Bitcoin. It has proven to be one of the few constants in the space.


I completely agree. I'm someone who believes Bitcoin goes to $1M/token. I just think Ethereum or PulseChain has significantly better gains over the same time period and that they are rock solid investments.

Before anyone makes fun of my PulseChain references:
PulseChain is ETH's code with 75% less inflation and 25% more token burning.
PulseChain already has a massive several hundred thousand strong community that's locked in/staked for 15+ years.
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 4/8/23 at 10:42 am to
quote:

Bitcoin is a dinosaur and if you want to make legit gains you'd be stupid to put a penny in it. I'll never own a single sliver of bitcoin. Ethereum is 1000x times better on every level.




I do not hold Bitcoin for gains in USD.

I hold ETH, Cardano and getting into some gaming coins soon for that.

I strongly strongly suggest that anyone that wants to understand the importance of Bitcoin read "The Bitcoin Standard".

Posted by FnTigers
Member since Sep 2021
1429 posts
Posted on 4/8/23 at 11:07 am to
quote:


I do not hold Bitcoin for gains in USD
Ahhh, you're in it for the tech. Gotcha.

I care about one thing only. Number go up.

Posted by 21JumpStreet
Member since Jul 2012
14654 posts
Posted on 4/8/23 at 11:08 am to
Yup, if you want gains. Ai might be the best for this upcoming run. Btc is for the fact that it's the only one that will not die.
Posted by METAL
Member since Nov 2020
1039 posts
Posted on 4/8/23 at 12:11 pm to
How does one, get into AI?
Posted by FnTigers
Member since Sep 2021
1429 posts
Posted on 4/8/23 at 12:20 pm to
quote:

21JumpStreet
if you think ethereum will die you're crazy. Ethereum is just as safe with insanely more upside.
Posted by boomtown143
Merica
Member since May 2019
6706 posts
Posted on 4/8/23 at 1:03 pm to
quote:

?? Attention all #Hex Haters FUDsters Traders for the 1st time in history you'll be able to put your money?? where your mouth?? is and short $Hex.?? Thanks to @phiatcrypto, a fork of #AAVE. Token launch is T-minus 3hrs protocol will go live several days later.


https://twitter.com/motleyinvestor/status/1644399859858829312?s=46
Posted by METAL
Member since Nov 2020
1039 posts
Posted on 4/8/23 at 1:05 pm to
Do it you fricking pussies. I’m begging you.
Posted by boomtown143
Merica
Member since May 2019
6706 posts
Posted on 4/8/23 at 1:19 pm to
(no message)
This post was edited on 4/8/23 at 1:22 pm
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 4/8/23 at 1:32 pm to
quote:

if you think ethereum will die you're crazy.


This defies logic. There is a better ETH coming out all the time. Of course it can be replaced.

There can't be a replacement to Bitcoin.
Posted by Pendulum
Member since Jan 2009
7050 posts
Posted on 4/8/23 at 1:33 pm to
Btc is the only unfrickable.
Posted by METAL
Member since Nov 2020
1039 posts
Posted on 4/8/23 at 1:42 pm to
Can’t be a replaced BTC? Are you all high?
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 4/8/23 at 1:43 pm to
quote:

Btc is the only unfrickable.


Yep. I don't understand why nobody understands this.

ETH can and will change their rules as they see fit.
Posted by 21JumpStreet
Member since Jul 2012
14654 posts
Posted on 4/8/23 at 1:49 pm to
I figured pulse would kill eth
Posted by WG_Dawg
Hoover
Member since Jun 2004
86501 posts
Posted on 4/8/23 at 1:58 pm to
quote:

I hold ETH, Cardano


what are your thoughts on cardano? I bought some a year or two back when it was getting some major hype and of course then it nosedived right after. I've held onto it just because I've been too lazy to sell I suppose. What do you think about its potential and what is your exit strategy?
Posted by BottomlandBrew
Member since Aug 2010
27106 posts
Posted on 4/8/23 at 2:25 pm to
Ethereum isn't trying to be BTC, so adaptability is a must.

Posted by finchmeister08
Member since Mar 2011
35673 posts
Posted on 4/8/23 at 4:57 pm to
so i finally bought a Ledger Nano S+ and got it set up. am i right to assume that i can directly buy crypto from the Ledger Live app on my PC? i no longer have to use Coinbase?
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